Trusts are powerful estate planning tools that allow assets to bypass probate, ensuring a smoother, faster, and more private transfer of wealth to beneficiaries.
Probate fees, also known as the Estate Administration Tax, are a cost associated with validating a will and administering an estate in Ontario.
Probate is the legal process of validating a will and distributing assets according to a person’s wishes.
Executors often find that the probate process can be both time-consuming and expensive. Planning strategies exist that may eliminate or reduce the requirement of having assets probated.
Explore these questions to know if you are financially ready for death. Learn essential end-of-life considerations.
What happens if you don’t come home tomorrow?
Most people don’t have any idea.
It shouldn’t be a surprise. Nobody wants to think about their death and who wants to spend money today to prepare for that depressing inevitability?
Who can skip buying life insurance, and who should probably consider having it.
If you’ve ever thought about what kind of funeral you’d like to have, you might be interested in planning it yourself — or even paying for it while you’re still alive. In fact, experts say it can be a smart financial decision.
To get a better grasp of your financial health, it might help to ask yourself a few key questions—consider this a self-assessment of your financial health.
Here are seven more reasons to consider using a trust in your financial planning.
SWPP helps families and business owners in Ontario with comprehensive estate planning.
SWPP’s Living Estate Plan service ensures Ontario families have an estate plan or living trust that protects their assets from unnecessary taxes and fees, including probate.
16 Industrial Parkway South, Suite 609, Aurora, ON, L4G-0R4
